Rich Man Whining

Looking at federal income taxes alone, the JCT staff found that the over $1 million club faces effective income tax rates of a little over 24 percent — hardly the punitive rates implied in Golub’s Op-Ed piece. And when one gets to the superrich, effective federal income tax rates actually decline further, because so much […]

The Wisconsin Lie Exposed – Taxpayers Actually Contribute Nothing To Public Employee Pensions: Forbes

Gov. Scott Walker says he wants state workers covered by collective bargaining agreements to “contribute more” to their pension and health insurance plans. Accepting Gov. Walker’ s assertions as fact, and failing to check, creates the impression that somehow the workers are getting something extra, a gift from taxpayers. They are not. Out of every […]

Hank Steinbrenner claims his Yankees are victims of socialism, but is he the real socialist?

A New York State assemblyman argues that the stadium actually will cost taxpayers $4 billion over the same time, because the Yankees will not pay property tax on the building. The Yankees charge more than $2,500 per game for some premium seats, and much, much more for luxury boxes, both of which often are publicly […]

Study says most corporations pay no U.S. income taxes | Reuters

Most U.S. and foreign corporations doing business in the United States avoid paying any federal income taxes, despite trillions of dollars worth of sales, a government study released on Tuesday said. The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States […]

CA Green Party on state ballot props: supports Prop. 19/marijuana legalization, opposes suspension of clean air laws

The Green Party of California (GPCA) this week disclosed its positions on the state propositions on the ballot Nov. 2, revealing it has endorsed less than half of the measures based on a poll of Green Party County Councils (central committees) at the party’s state convention here. Greens reserved their biggest support for Prop. 19, […]

PressTV – ‘Deficit spending, wars destroying America’

Foote:Well the problem that Obama and the Democrats have is that they have been elected to office for many years and the game of progressive taxes for individuals and taxes for corporations and we have a large percentage of Americans who don’t pay any taxes at all… how can he go back to his voters […]

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